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Odakyu Electric Railway Co (TSE:9007) Accounts Receivable : 円24,160 Mil (As of Dec. 2023)


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What is Odakyu Electric Railway Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Odakyu Electric Railway Co's accounts receivables for the quarter that ended in Dec. 2023 was 円24,160 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Odakyu Electric Railway Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Odakyu Electric Railway Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-2,171.94.


Odakyu Electric Railway Co Accounts Receivable Historical Data

The historical data trend for Odakyu Electric Railway Co's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Odakyu Electric Railway Co Accounts Receivable Chart

Odakyu Electric Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,622.00 20,134.00 24,435.00 23,408.00 26,154.00

Odakyu Electric Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,408.00 23,178.00 23,443.00 24,160.00 26,154.00

Odakyu Electric Railway Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Odakyu Electric Railway Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Odakyu Electric Railway Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24160/97379*91
=22.64

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Odakyu Electric Railway Co's accounts receivable are only considered to be worth 75% of book value:

Odakyu Electric Railway Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(57888+0.75 * 24160+0.5 * 47766-876213
-0-850)/357.824
=-2,171.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Odakyu Electric Railway Co Accounts Receivable Related Terms

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Odakyu Electric Railway Co (TSE:9007) Business Description

Traded in Other Exchanges
Address
1-8-3 Nishishinjuku Shinjuku-ku, Tokyo, JPN, 160-8309
Odakyu Electric Railway Co Ltd is a Japanese company which provides transportation services. The company has three reportable segments namely Transportation, Merchandising and Real Estate. The Transportation segment provides services through railway, bus, taxi, sightseeing boat, and ropeway. Merchandising segment operates departmental stores and supermarket. Real Estate segment is engaged in the sale of land and buildings, leasing of buildings and others. The company also offers services including hotel, restaurant, travel agent, golf course, railway maintenance service, building management and maintenance, advertising agency, horticulture and gardening, bookkeeping service, insurance agency, nursing and child care. The majority of the company's revenue comes from transportation business.

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